AMDY vs. NVDY
Compare and contrast key facts about YieldMax AMD Option Income Strategy ETF (AMDY) and YieldMax NVDA Option Income Strategy ETF (NVDY).
AMDY and NVDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMDY is an actively managed fund by YieldMax. It was launched on Sep 18, 2023. NVDY is an actively managed fund by YieldMax. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMDY or NVDY.
Performance
AMDY vs. NVDY - Performance Comparison
Returns By Period
In the year-to-date period, AMDY achieves a -7.27% return, which is significantly lower than NVDY's 124.88% return.
AMDY
-7.27%
-4.92%
-8.60%
6.31%
N/A
N/A
NVDY
124.88%
3.03%
29.78%
133.91%
N/A
N/A
Key characteristics
| AMDY | NVDY | |
|---|---|---|
| Sharpe Ratio | 0.16 | 3.15 |
| Sortino Ratio | 0.47 | 3.52 |
| Omega Ratio | 1.06 | 1.50 |
| Calmar Ratio | 0.20 | 6.32 |
| Martin Ratio | 0.37 | 21.02 |
| Ulcer Index | 16.98% | 6.37% |
| Daily Std Dev | 38.54% | 42.47% |
| Max Drawdown | -32.05% | -21.19% |
| Current Drawdown | -24.12% | -2.73% |
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AMDY vs. NVDY - Expense Ratio Comparison
Both AMDY and NVDY have an expense ratio of 0.99%.
Correlation
The correlation between AMDY and NVDY is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
AMDY vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AMD Option Income Strategy ETF (AMDY) and YieldMax NVDA Option Income Strategy ETF (NVDY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AMDY vs. NVDY - Dividend Comparison
AMDY's dividend yield for the trailing twelve months is around 96.88%, more than NVDY's 73.42% yield.
| TTM | 2023 | |
|---|---|---|
AMDY YieldMax AMD Option Income Strategy ETF | 96.88% | 6.68% |
NVDY YieldMax NVDA Option Income Strategy ETF | 73.42% | 22.32% |
Drawdowns
AMDY vs. NVDY - Drawdown Comparison
The maximum AMDY drawdown since its inception was -32.05%, which is greater than NVDY's maximum drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for AMDY and NVDY. For additional features, visit the drawdowns tool.
Volatility
AMDY vs. NVDY - Volatility Comparison
YieldMax AMD Option Income Strategy ETF (AMDY) has a higher volatility of 11.39% compared to YieldMax NVDA Option Income Strategy ETF (NVDY) at 9.02%. This indicates that AMDY's price experiences larger fluctuations and is considered to be riskier than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.